China prepared to reduce prior pricing requirements on Russian oil
MOSCOW. May 31 (Interfax) - China is prepared to move to a reduction of the initially announced coefficient in a contract for transporting oil, several sources close to the negotiations have told Interfax.
"Where previously the Chinese wanted to establish the coefficient T at 13%, now they are ready to agree to 9%," one source said.
At present, the coefficient T is 0%.